Describe the barter system used in the fur trade in the 1600s. Was it a fair system your opinion? Hint: look up the Hudson’s bay company made beaver price list. Give examples.

Answer :

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Answer:

The fur trade is a global industry that deals in the  sale and acquisition of animal fur

Explanation:

The fur trade is a global industry that deals in the  sale and acquisition of animal fur.

Since the development of a world fur market in the early modern time, furs of polar, boreal, and cold temperate mammalian animals have been the most important.

Historically the trade stimulated the  colonization and exploration of Siberia, The South Shetland, a northern North America, and South Sandwich Islands.

In my opinion it was not a fair system because, apart from been seen as a slave trade for pets and animals, it become controversial as animal rights organizations resisted against the fur trade, indicating  that animals were b killed in brutal way and sometimes skinned alive

Overtime the Fur has been replaced by  some clothing by synthetic imitations.

The made beaver was a unit of account applied in the Hudson's Bay Company (HBC), which is located in British North America. One male beaver skin taken. during winter months was equivalent to one made beaver.

All trade goods prices o were set in values of Made Beaver (MB) with other animal pelts, such as  otter,squirrel,  and moose, mentioned in their MB (made beaver) equivalents. such as, two otter pelts might equal one MB.

Note: Kindly find an attached document of the price list of Hudson’s bay company

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